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is down, way down in the obama years and down again last month. income now lower by 8.2%. that is a flat-out decline in purchasing power and standard of living for american households, down. but so far, no impact on president obama's standing in the polls. he leads in swing states, ohio and florida and on the question of economic policy, the president leads mitt romney 48-39. now, this is what happens in europe when living standard plunge, rioting overnight in spain and a general strike in greece, this is the people's response over there to austerity. we've got another all-star lineup for you, watch out everybody, "varney & company" is about to begin. woman 1: this isn't just another election. we're voting for... the future of our medicare and social security. man 1: i want facts. straight talk. tell me your plan... and what it means for me. woman 2: i'm tired of the negative ads and political spin. that won't help me decide. man 2: i earned my medicare and social security. and i deserve some answers. anncr: where do the candidates stand on issues that... affe seniors today and in the
president obama and republican nominee romney essentially in a dead heat. president obama winning by just 1 percentage point as the race enters its final weeks. senior fellow at the american enterprise institute is joining us now from washington, d.c. kevin good to see you. what is the one thing that mr. romney will do to try and push ahead with his economic agenda that he has not been doing and that needs to be doing in previous weeks? >> well, i think that the biggest thing coming up is that governor romney is going to have a chance to speak directly to the american people in the debates and to challenge president obama. you know, one of the untold stories of this campaign for example is that president obama has absolutely no plan to create jobs. that thing they were waving at the convention, his 4 trillion dollars plan was actually just his budget from last year which went -- which went to the floor of the house and senate and got no votes. that kind of conversation is not getting through because of the mainstream media bias. dagen: mr. romney can also speak for himself. he has been wide
's the issue with 2011 here? >> well, look, obama has said i'm going to tax rich people and implying he's not going to tax you. in fact, he passed tax increases on average income americans many many times during his presidency. there are 20 different taxes in obama care that we will all be paying. in addition to that, of course obama's new promise that he won't tax rich people, he's got a new term limit on it, 12 months. only next year, after that we could have a vat or other things. so if you are obama and you intend to allow the bush tax cuts to lapse, so there's a 500 billion dollars tax increase on low income people, middle income people, all americans, you want to talk about anything other than the tax increases that you have scheduled. i mean he's running up trillions of dollars of debt over the next deca decade, according to his budgets. the only way he pays for them since he's not cutting spending is to raise taxes on everyone. what do they want to do? oh gee what did romney pay in taxes four or five years ago? that has nothing to do with anything. we ought to be reducing taxes
the value of their investments since president obama took office? we look at the latest survey, which we'll talk about more later in the program. 34% of americans say their investments are better off than they were four years ago. just 29% said that they were worse with 28% about the same. the facts are the s&p 500 has skyrocketed over 70% in that time, of course, due to the central bank stimulus action. so what's the disconnect? joining us with answers so that and more is the pimco ceo. good to see you. thanks for joining us. >> thank you, maria. >> let me get your take with what's going on in spain right now. we've been looking at these pictures of protesting. it certainly feels like things are worsening there in terms of the unrest and certainly the economic challenges. what's your take on the latest? >> it's an indication of how difficult it is to go from designing a response to implementing it. one of the problems you have in europe is that parts of the populations are just fed up. they've had enough. so you start getting rejection. it's most acute in greece where you've had economi
, today is expected to be a quiet date for both president obama and mitt romney. neither candidate has any public events planned. behind the scenes, they're cramming for their first debate. chip reid is traveling with the romney campaign in boston. >> reporter: good morning, anthony. this debate is huge for both candidates. some republican strategists say if does not do well in this, it could be downhill from there. and president obama's advisors are very worried he could make a mistake giving mitt romney the opportunity he needs. >> my opponent thinks it's fair that somebody who makes $20 million a year like he does plays a lower tax rate than a cop or teacher who makes $50,000. >> at campaign appearances friday, president obama and mitt romney seemed to be previewing next wednesday's debate when the battle over taxes is expected to take center stage. romney say ts he'll hold the misrepresenting his record. >> i will not raise taxes on middle income americans! >> reporter: the stakes in the debate are so high that both candidates will soon retreat into political cocoons to get ready. on s
it is not causing any incident or delays james. ok erika thank you. president barack obama and republican mitt romney are pitching to college students and working-class voters in ohio today less than a week before early voting kicks off in the critical midwestern states. >> from the plant's three stops in major papaw's in areas as well as president obama. losing in ohio would dramatically narrow promise path to that 270 number that he needs for electorial college votes to win. >> americans may not be that crazy about president obamas health care law but they do not see is going away anytime soon. americans think the overall will go fully with some changes rairanging--the big expansion for the uninsured does not come to 2014. >> we have much more straight ahead when we come back. >> we are back some world news president mahmoud ahmadinejad is set to address a general assembly today. he accused the united states of bullying and dominating. as the president takes the stage he may not have much of an audience as many world leaders are expected to walk out in protest when he takes the podium. mary
this economy is enacting extreme austerity, and this debate is relevant whether it's obama or romney. is austerity actually denting growth, is it creating more problems than it solves. let me give you one example. we have a sales tax in this country that has been raised from 16% to 18% to 21%. that has created a slight inflation issue. now, pensions are inflation linked. and this country in november has to increase pension abouts by inflation. so by raising 2.5 billion euro v.a.t., it will cost them 3.5 billion euro misincreased pension costs. so you can see the conundrum. they're enacting enormous amounts of austerity, but that's denting an economy which is already in recession. its second since 2008. and things are getting worse. 25% unemployment, a million up sold homes. and we haven't even talked about the banking crisis and the autonomous region, some of which including catalonia are looking trying to get some form of assembly. it is a toxic mix. >> imagine that there will be pressure on markets as this they think unfolds. we're also counting down to the wire here of course in t
. >> the united nations general assembly meeting president obama up speaking about... i run and president will be speaking at 8:00 this morning. there'll be protests about him speaking on this holiest day in the jewish year. the week the leaks founder will be speaking by video link. he is holed up right now and the ecuador and the sea where he is seeking asylum. he fears he will be turned over to the u.s.. coming up we will check in with the i iranian president. >> the time is now 7:22 a.m. and will continue on this wednesday morning. here's a look at the golden gate bridge. the commute is looking good for marin county. there is heavy traffic on the bridge but is county. another oneavy killed by lime scale. how can the dishwasher do its job ? adding finish power up to your detergent brings your dishwasher back to life. dishwasher buildup, cloudiness, spots, even tough stains-- gone ! so don't give up. add finish power up. wow ! see the difference. i wish i had u-verse when i was your age. in my day, we didn't have these fancy wireless receivers. blah, blah, blah. if i had a sleepover, i c
are today. for president obama it is his thirteenth trip this year. he is stopping at two university's. mitt romney making three stops. he has been to ohio ten times since many. now back to melissa frances. rich: thank you so much. lovely and talented. president obama will easily win reelection in november. in trade prediction numbers showing him trouncing mitt romney 75% to 25%. wall street is buzzing about who will be president obama's next treasury secretary and charlie gasparino has the latest from the executive. charlie: i hate to say mitt romney is a loser now six weeks out. there's a lot of campaigning government of the oddball fbn -- melissa: sounds like four people abetting. charlie: the lot of people betting and it is usually right but it moves around a lot and it is usually right. in any event we are not announcing that romney is dead and the campaign is over. we are saying what they're saying and wall street and it is not just the traders that use it but used by traders and also inside the executive suites they don't see a chance for mitt romney winning and right now what they ar
, but would you vote for romney or obama. >> wait. i thought you were registering voters a minute ago. >> okay. >> i am. >> who are you registered? all voters? >> i'm actually trying to register people for a particular party because we're out here in support of romney actually. >> and who's paying you for this? >> oh -- let me see. we're working for the county clerk's office. >> okay. you cannot come out here and register one party, lady. are you working for the county clerk's office? i've got it all on tape. you're working on the county clerk's office? >> i believe so yes. >> you're only registering romney's people? >> we're trying to. >> and you're working for the county's office? what's your name. >> she said she was working for the county clerk's office but the county clerk said that's not true. he also said my office will not engage in partisan voter renl station, although he asked asking a preferential question before registering is not illegal now, cnn has not been able to confirm that, so what is the national republican committee saying about strategic actions? first of all, the party
. >>> still to come this morning on squawk, president obama, mitt romney and their respective campaign staffers hitting the airwaves. we'll have some of the highlights. and in the next hour, we have two of the world's most renowned scholars in the field of energy. why they argue that the situation in iran could be a game changer for crude prices. meantime, iranian hackers are have said to have attacked jpmorgan and citigroup. we'll talk cyber security. and ask reputation.com's michael fertik is the nation's banking system is at risk. ffrs . >>> tomorrow on "squawk box," an hour with our guest host barry diller who ran pariramount and fox. we'll talk politics with jeb bush. at optionsxpress we create easy-to-use, powerful trading tools for all. like our all-in-one trade ticket. we put strategies, chains and positions all on one screen. start trading today with optionsxpress by charles schwab. >>> last night both mitt romney and president obama were on "60 minutes" and this was a chance to see both of the candidates. it was a very interesting way of watching about it, among the topics th
out of the battleground states. president obama breaking away from mitt romney in key regions with just 41 days to go. is romney poised to lose in must-win ohio? >>> party animal. how about this startling new twist on children's parties. that's right. that's a five-foot alligator in the pool with 8-year-olds. it's just $175. why the man behind it says it's all good, clean fun. >>> flaunting it. lady gaga responds to her critics for gaining weight by revealing more than she has before. posting candid snapshots online and opening up about her most personal struggle ever. could her opening up change the way that young girls look at their bodies? ♪ i'm on the right track baby i was born this way ♪ >>> and good morning, everyone. happy wednesday. robin on her medical leave today. glad to have amy robach here with us. >> thank you. >> the whole gang here. a lot to get to today, including a showdown at the u.n., just hours from now. there's president ahmadinejad, of iran. he's set to address the general assembly, one day after president obama told the council that iran cannot get
talked and the fact that obama is leading in the polls and the market has to consider the fact that aggressive rises in capital gains tax. that may be a fact. at what point will people sell anticipation of that, do you think? >> i think they are nervously watching and they bought into the qe thing assuming that the gridlock will continue and perhaps from the presidential polls to the presidential election polls. and if there is still not complete control by any one party, the deadlock will continue and the market will be mollified with that. >> you mentioned what you would do if you were at the sidelines at this point in time and "the wall street journal" article was interesting, sort of implying that fund managers were up and will actually sell. the vast majority of mutual fund managers and hedge funds are underperforming their marks. do you think this is going to be a force in the market, as "the wall street journal" wants to make it? it seems to me that the moneying managers outperforming are in such a minority that even if they went to the sidelines -- >> we've seen it. we'
to our election 2012 coverage, for the second time in many days president obama and republican mitt romney were campaigning in the same state. yesterday it was ohio. today both spent time in virginia where the economy remains a dominant issue. >> our economy needs to be reinvigorated, and the president has laid out his plan. it's a continuation of the old plan. we can't afford four more years of the last four years. all right. >> romney also making while reaching out to veterans and service members. >> my opponent thinks it's fair for somebody who makes $20 million a year like him pays a lower rate than a cop or a teacher who makes 50,000. >> president obama was in virginia beach. he also talked to veterans and service members who spent 40 days now left for the election both candidates are spending the bulk of their time campaigning in swing states. >>> the california transportation commission today allocated $40 million caltrain to modernize track and eventually integrate into california's high speed rail project. the money will go toward a new high-tech signal system that prevents
.2 million on his office. the decorator decorated the white house. >> the obama's brought him inned too the white house. >> yes, whatever the guy was; a $1400 parchment paper waste waste wastebasket. >> oh, charlie. >> that's where we are now. he's shopping. they have not called me back. >> that's shocking. your eye is healed. >> he did not take a shot at me. >> okay. >> that was just the guy on the street. congratulations. charlie, thanks so much. all right. let's talk politics. mitt romney's 2011 tax returns are public. is he paying the fair share? help or hurt the campaign? up next the economic writer, steven moore, on romney's battle for the white house. >> first, a look at winners and losers on the s&p500 as we head to break. international paper topping the list at about 3.5%. we'll be right back. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... a little bit more vanilla? this is great! [ male announcer ] at humana, we believe there's never been a better time to share your passions... because the results... are you having fun doing this? yeah
a lot. >>> the united general assembly's 67th session opens today with president obama getting ready to take the stage at any moment. conflict in the middle east will be one of the key topics of his speech. we are at the white house and joined with a quick preview. >> reporter: two main subjects on the aden gentleman going to the yutss today. we are going to talk about the violence in the muslim streets that culminated into the american ambassador to libya. and he'll talk about the nuke lower armed iran. i was going to say there are no words for the innocence of the killing we have seen. there's also no video to justify an attack on an embassy. there's no slander that provides an excuse for people to burn a restaurant in lebanon or destroi a cool in tune this -- he does not think that the united states can live with the nuclear armed iran. carl, one point to think about as we think about the president's remarks here, he's been under fire f, and the obam camp is making an important issue, obama is clearly walking a tightrope today and doesn't want to threat up his re-election chances.
contributors to barack obama. so let's focus on the left side of the aisle this morning. we're using fresh data here from the center for responsive politics, focusing on donors who gave to groups that contribute some or all of their money to the presidential race. we're going to start with number five, jeffrey katzenburg, the ceo of dreamworks. he and his company have been lobbyists for a lot of copyright companies in washington as well as protection against china. katzenberg attended a lunch with biden and top chinese officials. after that, dreamworks has a jv with the son of china's president. going on to our number four on the list is jim simons. he is the founder of renaissance technologies. and he is the richest of the democratic dee nonors with a ne worth of $11 billion. education is a big issue for the democrats. math education and reform of public education, big issue for jim simons, who i'm sure will be a big voice for democrats. remember, president obama's change of position on gay marriage this summer, shortly after that, he got a big check from a guy named jon stryker, architect in
, baby. liz: he is great, obama buttons all over. >> this was the psychological breaking of the enslavement chain of breaking the color barrier. move on that. liz: thank you. >> god bless america, god was this the greatest nation in the world and the people, i love the people. the people. but m they say one thing beforee leave, one president, one would be president, john f. kennedy said if a free society doesn't protect them, help the poor vindicate the few that are rich. the other one is trying to be says i don't care about the poor because he has a safety net. let us work towards helping the poor. liz: 21 minutes before the closing bell rings. they have been fighting a volatile market gaining industries since then. fully 55%. is it a buying opportunity as they expand into brand new territories? chairman and ceo of caesars entertainment of how he is shaking vegas and going all in in the industry. 4g lte has the fastest speeds. so let's talk about coverage. based on this chart, who would you choose ? wow. you guys take a minute. zon, hands down. i'm going to show you guys
. something for candidates romney and obama in today's data. you can imagine romney pounding on the weak growth and obama saying hey, 286,000 more jobs out there and there's also something for bulls and bears but not much anybody from a sober analysis this remains a weak growth economy. melissa? >> thank you very much, steve liesman. >>> and from the u.s. to spain, let's head across the atlantic for more on spain's budget as the country hopes to avoid a bailout. steve sedgwick joins us live with the very latest. steve. >> reporter: yeah, thanks very much, indeed. we just heard literally in the last 20 minutes or so that the press conference, the announcement about this austerity that we've been waiting for all day will now get the conference in around about an hour's time. so all should be revealed about what rajoy intends to do. in the next stage of austerity. because i think the next stage because there's already been at least four bouts of austerity from this government since it came in in december last year. the last was a 2012 budget which we got 64 billion euros worth of austerity
Search Results 0 to 20 of about 21 (some duplicates have been removed)